Congress takes its most concrete step yet toward rebuilding the U.S.-flag fleet and South Korea commits 150 billion dollars to a new U.S. shipbuilding partnership. Plus a restored Coast Guard boat races the Great Loop to raise awareness about veteran suicide.
This Week’s Stories
House report lays out broad SHIPS for America proposal
A House Rules Committee report includes a sweeping maritime amendment that would raise cargo preference requirements for U.S.-flag vessels to 100 percent and create a 20 billion dollar Maritime Security Trust Fund — the most concrete legislative step yet toward rebuilding the U.S.-flag fleet.
Read the full story →Korea and U.S. open shipbuilding center under $150 billion partnership
South Korea and the United States have formally opened the Korea-U.S. Shipbuilding Partnership Center in Washington — the hub for a 150 billion dollar Korean investment initiative aimed at rebuilding U.S. commercial and naval shipbuilding capacity.
Read the full story →Freedom Fighter puts historic Coast Guard boat back to work
A restored Coast Guard response boat is racing nearly 5,000 miles around America’s Great Loop as the first national campaign for Veterans Against Suicide — founded by Army Special Forces veteran Dave Skrzecz to reconnect veterans and prevent suicide.
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